So that starts with finding low-cost properties in need of rehab with enough breathing room in ARV.

I am hoping now that Vacasa is hiring people who  live and breathe in the communities in which they sell and manage properties that maybe we can remove some of that tarnish.  

Not to mention 2008 and 2001 which were much larger than any of those.Sorry not trying to disparage, just having a good laugh as a guy that lives and breathes in the stock market. 

Don’t hold your breath.

There are lengthy delays at each step that extend the number of actual vacant days of lost rent you will never get back...long before you also experience lost rent from Tenants not paying their portion of the regular rent, or losing rent when they are terminated from the program while still occupying your property.How can they require LL's to accept all applicants, while in the same breath telling you to make exceptions to your standard timing and payment deadlines (along with all of the additional conditions within the HAP contract itself)?

I posted earlier about the topic (duplicate the same post in different categories) I wanted to see who are living and breathing such model, structure and strategy.Best wishes and prosperity in your endeavors and hard work.

I agree in the old days (Which were not long ago) lenders were notorious but we are on a much tighter schedule now with the CFPB breathing down our backs to make sure we are efficient and fast.

@Jasmine Wilkes What your doing is exactly how i started...The first thing you should is stop and take a deep breath and smile...You bought a property all cash..that something most people on here have never done or never will do...Congrats on that....

My thinking is get the contract signed and do due diligence with the bank with FIRST order being to get them to postpone the date to give us breathing room.

Within a couple of months I had 3 deals, I was able to bring a portion of my debt down, and more importantly I was able to breathe again.I believe you can rapidly change your circumstances by implementing massive action in this business.